Bitcoin (BTCUSD) prices declined during their last intraday trading, to break the support of bullish corrective channel’s support that limits its previous trading on the short-term basis, with the emergence of negative pressure due to its trading below EMA50, after its success in offloading its oversold conditions on the relative strength indicators, intensifying the negative pressures on its upcoming trading.
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Brent crude oil prices declined in their last intraday trading, amid the emergence of the negative signals on the relative strength indicators, amid the attempts of looking for rising low to take it as a base that might help it to gain the required bullish momentum for its recovery, amid the continuation of the dynamic support that is represented by its trading above EMA50, reinforcing the stability of the bullish corrective trend on the short-term basis.
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The price of (crude oil) get some support in its last intraday trading, due to its lean on the support of its EMA50, gaining some bullish momentum that helped it to achieve gains, amid the dominance of the bullish corrective trend on the short-term basis, on the other hand, we notice the emergence of the negative signals on the relative strength indicators, which decelerates the price rally.
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The price of (silver) rose carefully in its last intraday trading, amid the dominance of the bearish corrective trend on the short-term basis, with the continuation of the negative pressure that comes from its trading below EMA50, intensifying the negative pressure, on the other hand, we notice the emergence of positive crossover on the relative strength indicators, after offloading its overbought conditions, opening the way for achieving more of the gains in the upcoming period.
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